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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Interest income:        
Loans, including fees $ 2,636 $ 3,201 $ 5,174 $ 6,207
Investment securities:        
Taxable 444 532 819 1,036
Tax-exempt 321 386 661 795
Interest-bearing deposits 28 17 48 33
Total interest income 3,429 4,136 6,702 8,071
Interest expense:        
Deposits 232 272 467 569
Total interest expense 232 272 467 569
Net interest income 3,197 3,864 6,235 7,502
Provision for loan losses 50 750 275 1,500
Net interest income after provision for loan losses 3,147 3,114 5,960 6,002
Noninterest income:        
Service charges on deposits 801 774 1,569 1,554
Gain on sales of securities 103 13 244 335
Other operating income 295 778 623 1,148
Total noninterest income 1,199 1,565 2,436 3,037
Noninterest expense:        
Salaries and employee benefits 1,637 1,662 3,252 3,317
Net occupancy and equipment 534 568 1,044 1,144
Amortization of core deposit intangible 118 118 236 236
FDIC insurance 133 169 263 315
Other real estate owned, net 408 1,677 656 2,457
Other operating expenses 1,271 1,193 2,463 2,294
Total noninterest expense 4,101 5,387 7,914 9,763
Income (loss) before income taxes 245 (708) 482 (724)
Income tax benefit (26) (461) (61) (610)
Net income (loss) 271 (247) 543 (114)
Preferred dividends 59 59 118 118
Net income (loss) available to common shareholders $ 212 $ (306) $ 425 $ (232)
Net income (loss) per common share - basic and diluted (in dollars per share) $ 0.10 $ (0.14) $ 0.20 $ (0.11)
Weighted average common outstanding shares - basic (in shares) 2,153 2,146 2,149 2,144
Weighted average common outstanding shares - diluted (in shares) 2,170 2,163 2,166 2,161
Dividends per common share (in dollars per share) $ 0.08 $ 0.08 $ 0.08 $ 0.08